Multiple Choice
Under a gold standard, if a country's exports exceeded its imports
A) its gold stocks were reduced.
B) prices and wages in the country fell.
C) its expenditures increased, but its output fell.
D) gold flowed into the country.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q101: If the dollar gets weaker against most
Q102: A decrease in interest rates attracts foreign
Q103: If the exchange rate is US$1.28/euro, it
Q104: Under the gold standard, if a country
Q105: (Table) The change in foreign-owned holdings is
Q107: The balance of payments comprises all payments
Q108: On a graph of the foreign exchange
Q109: Australian tourists planning a trip to the
Q110: The difference between the nominal and real
Q111: If exports exceed imports, then the nation